229 Eucalyptus Hill Dr, Santa Barbara, CA 93108

3 beds3 baths3,649 sqft Edit

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Sold: $2,520,000
Sold on 06/01/15
Zestimate®: $2,893,761
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My Notes

Set on over an acre of century old redwoods that were once the meditation garden to the Solana estat - Set on over an acre of century old redwoods that were once the meditation garden to the Solana estate, this elegant 3bedroom 3 bath home is an absolute treasure. An open floor plan, appointed with refined finishes, filled with natural light all make for great living. All spaces open freely to decks and pathways to enjoy mountain views and privacy. Gourmet kitchen includes the finest: Wolf, Miele

What I love about the home

A perfect setting where the alternating needs for sanctuary and socialization are in harmony. Such is the extraordinary environment created at 229 Eucalyptus Hill Drive. . . where the ebb and flow of the open floor plan could easily find you in a lively gathering at a fabulous party or engaged in quiet contemplation in front of the fire, looking on to a wide open view of 100 year-old redwood trees. . . your closest companion. Built on a portion of the former grounds of "Solana" ("sunny place"), the late, great Santa Barbara benefactor Frederick F. Peabody's grand 79 acre estate, 229 Eucalyptus Hill Drive, immediately beckons you. . . greeting you with a majestic assemblage of redwood, oak and sycamore trees. The historical remnants of a Ralph Stevens landscape, meandering paths through the grove proposes several areas to relax, luncheon, read, contemplate or meditate. . . ultimately leading you to your very own limestone wishing well! Once inside, bright, unobstructed living spaces offer the ultimate in flexibility. Intersecting entry, living and dining rooms flow to outdoor terraces, providing the ideal setting for entertaining. Gourmet kitchen, replete with two of everything, Wolf, Miele, and Sub-Zero, all in a central location, open to light and garden views, will leave even the most demanding chef wanting for nothing. Adjacent to the main rooms are several private spaces suitable for reading or relaxing. . . all within close communication. A generous master suite at the east wing has a private deck that teems with morning sun and views towards Santa Barbara's distinctive coastal mountains. Two guest rooms and a den are retreated in the west wing for privacy and convenience. Sanctuary or setting for a fabulous party. . . 229 Eucalyptus Hill Drive offers it all! Virtual Tour Sites: www.229EucalyptusHIllDrive.com http://youtu.be/a7Zef8oqsuk
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  • Lot: 1.03 acres
  • Single Family
  • Built in 1980
  • Views: 14,148 all time views
  • Last sold: Jun 2015 for $2,520,000
  • Last sale price/sqft: $691


  • Deck
  • Fenced Yard
  • Garden
  • Lawn
  • Parking: 2 spaces

Additional Features

  • Open Floor Plan
  • Soaring Ceilings
  • Mountain Views
  • Surrounded by 100-year-old Redwoods
  • Solana


  • Stories: 1
  • Structure type: Contemporary
  • Unit count: 1


  • Floor size: 3,649 sqft
  • Last remodel year: 1980
  • Parcel #: 015050031
  • Zillow Home ID: 15881757

Zestimate Details

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-$33,658 Last 30 days
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14,148 all-time views
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421 forecasted views of this home
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Comparable Homes

Homes like this sold for $1.93-3.65M.



Neighborhood: Eucalyptus Hill

Zillow predicts Eucalyptus Hill home values will increase 6.4% next year, compared to a 5.7% increase for Santa Barbara as a whole. Among Eucalyptus Hill homes, this home is valued 74% more than the midpoint (median) home, but is valued 7.4% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In Eucalyptus Hill, the number of foreclosures waiting to be sold is 86.9% less than in Santa Barbara, and 94.3% less than the national average. This lower local number could help Eucalyptus Hill home values rise more quickly than other regions in Santa Barbara.

Learn more about forecast calculations or Eucalyptus Hill home values.
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